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Definitions from the Web

Reimbursement

Definition:

Reimbursement is the act or process of compensating someone for expenses or losses incurred. It refers to the repayment or refund of money spent by an individual or organization due to valid reasons such as business-related costs, medical expenses, or travel allowances.

Examples:

Noun:

1. Employees can file a reimbursement request for their travel expenses during business trips.
2. The insurance company provides quick reimbursement for eligible hospital bills.
3. The organization offers tuition reimbursement to its employees pursuing higher education.

Verb:

1. After submitting the receipts, I hope to be reimbursed for my business-related expenses.
2. The company will reimburse you within two weeks once your request is approved.
3. Make sure to keep all the required documents to ensure a smooth reimbursement process.

Related Products:

Check out these related products on Amazon:

• Reimbursement Software
• Reimbursement Guide Books
• Reimbursement Wallets